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Kings Avenue, Framlingham, Suffolk - Image 1
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Kings Avenue, Framlingham, Suffolk - Image 5

Kings Avenue, Framlingham, Suffolk

East of England

£205,000
Listed on 05/06/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
882 sqft

Description

This mid-terraced three-bedroom property presents an excellent opportunity for renovation and investment, situated within walking distance of Framlingham's vibrant town center. While the home requires modernization, it features a large garden both at the front and rear, along with outbuildings that may offer additional utility or development potential. Located on Kings Avenue, this property enjoys proximity to all local amenities that Framlingham has to offer. Renowned for its historic twelfth-century castle and charming Market Hill, the town boasts a variety of independent shops, restaurants, and a twice-weekly market featuring fresh produce and local goods. Educational options are abundant with the esteemed Framlingham College nearby and the acclaimed Thomas Mills secondary school just a short distance away. For those commuting to London, Wickham Market train station is approximately five miles away, providing convenient access via Ipswich for main line services. Upon entering the home, you're greeted by an entrance hall that includes a deep understairs storage cupboard. The layout features a dining room that opens into the sitting room, which retains the original chimney stack from what was once an open fire. This space overlooks the south-facing rear garden and includes practical built-in storage options. The kitchen offers spaces for essential appliances along with a window providing natural light and a back door leading directly to the garden. The first floor features three bedrooms; the main bedroom benefits from views over the expansive rear garden, while two additional bedrooms overlook the front lawn. A family bathroom completes this level with a separate WC adjacent to it. Externally, there is potential to transform the sizable lawned area in front into off-street parking (subject to planning permissions). The side archway leads past two substantial sheds towards the rear garden, which is primarily laid to lawn. Notably, there’s no fencing on one side of this outdoor space. This property is offered freehold with vacant possession available upon completion. It is equipped with electric heating throughout and remains mainly double glazed. As such, this home holds significant promise both as a residence for first-time buyers eager for customization or as an investment opportunity in a desirable location with strong rental potential.

Investment Analysis

(IP13 area)

Below Market Value

This property is priced -30.5% below area average per sq ft

-30.5%
Potential saving
This Property
£232/sq ft
Area Average
£334/sq ft

Renovation Potential

Est. Renovation Cost
£20,500 - £51,250
10-25% of property value
Target Value
£324,435
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Monthly Sales
15
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP13)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.8%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on IP13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Kings Avenue, Framlingham, Suffolk
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